C WorldWide Group Holding A S Cuts Stake in Uber Technologies, Inc. $UBER

C WorldWide Group Holding A S reduced its stake in shares of Uber Technologies, Inc. (NYSE:UBERFree Report) by 16.8% during the 4th quarter, HoldingsChannel reports. The fund owned 1,475,001 shares of the ride-sharing company’s stock after selling 298,764 shares during the period. Uber Technologies accounts for 2.1% of C WorldWide Group Holding A S’s portfolio, making the stock its 16th largest position. C WorldWide Group Holding A S’s holdings in Uber Technologies were worth $120,522,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of UBER. Measured Wealth Private Client Group LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth about $25,000. Ares Financial Consulting LLC purchased a new position in shares of Uber Technologies during the 4th quarter worth about $28,000. Imprint Wealth LLC purchased a new position in shares of Uber Technologies during the 3rd quarter worth about $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies in the third quarter valued at approximately $34,000. Finally, Hager Investment Management Services LLC raised its holdings in Uber Technologies by 276.2% in the fourth quarter. Hager Investment Management Services LLC now owns 489 shares of the ride-sharing company’s stock valued at $40,000 after buying an additional 359 shares during the period. 80.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UBER has been the topic of several research reports. Weiss Ratings lowered shares of Uber Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, March 19th. Guggenheim restated a “buy” rating and issued a $125.00 price target on shares of Uber Technologies in a report on Monday, April 27th. Roth Mkm set a $105.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. TD Cowen raised their price target on shares of Uber Technologies from $114.00 to $118.00 and gave the company a “buy” rating in a report on Thursday. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price target on shares of Uber Technologies in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Uber Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $105.40.

Read Our Latest Stock Analysis on UBER

Key Stories Impacting Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

Insider Buying and Selling

In other news, SVP Nikki Krishnamurthy sold 30,000 shares of Uber Technologies stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $74.45, for a total transaction of $2,233,500.00. Following the sale, the senior vice president owned 460,756 shares in the company, valued at $34,303,284.20. This trade represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Balaji (A) Krishnamurthy acquired 22,453 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average price of $71.25 per share, for a total transaction of $1,599,776.25. Following the purchase, the chief financial officer directly owned 28,742 shares of the company’s stock, valued at approximately $2,047,867.50. This trade represents a 357.02% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.81% of the company’s stock.

Uber Technologies Trading Up 0.1%

UBER opened at $75.50 on Monday. The firm has a market capitalization of $153.69 billion, a P/E ratio of 18.83, a P/E/G ratio of 5.77 and a beta of 1.16. The firm’s 50 day moving average is $74.17 and its 200-day moving average is $80.81. Uber Technologies, Inc. has a 52-week low of $68.46 and a 52-week high of $101.99. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.41.

Uber Technologies (NYSE:UBERGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The ride-sharing company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $13.20 billion for the quarter, compared to analyst estimates of $13.28 billion. Uber Technologies had a net margin of 15.91% and a return on equity of 41.40%. The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.83 earnings per share. Uber Technologies has set its Q2 2026 guidance at 0.780-0.820 EPS. Analysts expect that Uber Technologies, Inc. will post 3.28 EPS for the current fiscal year.

Uber Technologies Company Profile

(Free Report)

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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